EghtesadOnline: China lambasted the United States for “peddling arms” and “interfering” in the domestic affairs of other countries in the wake of Washington’s threat that it will impose sanctions on any country that trades arms with Iran.
EghtesadOnline: Governor of the Central Bank of Iran Abdolnasser Hemmati, said Thursday that the new US sanctions against Iranian banks are yet another blow to the few remaining channels to pay for food and medicine, describing the move as another political stunt.
EghtesadOnline: In March 2020, Iran became the epicenter of the coronavirus pandemic outside China.
EghtesadOnline: Switzerland’s Foreign Minister Ignazio Cassis said Bern continues to stand by Tehran to help it address the economic challenges arising from the United States’ tough sanctions.
EghtesadOnline: The US attempt to use the mechanism foreseen in the 2015 nuclear deal to return all global sanctions on Tehran is "illegal" and "unacceptable", the Iranian foreign minister said.
EghtesadOnline: Ambassador of the Republic of Korea to Tehran Ryu Jeong-hyun has explained the mechanisms established by Seoul for conducting humanitarian trade with Iran amid the United States’ sanctions.
EghtesadOnline: Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said the United States’ sanctions cannot be overcome by surrendering to Washington, but through strong reliance on domestic capabilities.
EghtesadOnline: In a press release outlining reasons behind the monumental growth in liquidity in recent months, the Central Bank of Iran blamed borrowing from the National Development Fund of Iran and the new US sanctions on oil exports.
EghtesadOnline: With oil prices in freefall and the coronavirus spreading like wildfire, the government will get more and more worked up this year than the last, especially because of the fiscal burden imposed by sanctions and the decline in oil sales.
EghtesadOnline: Iran’s central bank governor has again called on the International Monetary Fund to resist US pressure and approve its application for financing to help bridge a 10 billion-euro ($10.9 billion) deficit as the country’s sanctions-hit economy struggles to cope with the coronavirus pandemic.